An index of frontier and emerging AI labs.
Open-source LLMs
European open-weight model lab building the Mistral and Mixtral families. Raised €1.7B Series C at a €11.7B valuation in Sept 2025, led by ASML.
| Name | Mistral AI |
|---|---|
| Space | Open-source LLMs |
| Founded | 2023 |
| Latest valuation | ~$14B |
| Stage | — |
| Status | active |
| HQ | Paris |
| Founders | Arthur Mensch, Guillaume Lample, Timothée Lacroix |
| Website | https://mistral.ai |
| Careers | https://mistral.ai/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | €11.7B | reported |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Mistral AI added to tracker Latest valuation: €11.7B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Lelapa AI | — | 2022 |
| Nomic AI | — | 2022 |
| DeepSeek | $45B | 2023 |
| Hugging Face | $13.5B | 2016 |
| Fireworks AI | $4B | 2022 |
| Together AI | ~$3.3B | 2022 |
| Snorkel AI | ~$1.3B | 2019 |
| Upstage | ~$1.16B | 2020 |